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Entrepreneur US
|Startups - Spring 2024
There's no one way to market a small business. So how do you get the word out? Experts say you must experiment...and really stick with it.
Marketing opportunities are endless, but marketing budgets are finite. Is it better for a mom-and-pop business to put money into online and social media marketing, or to invest in real-life sponsorships and events?
As with many things in business, you can only find out through trial and error, says Rus Graham, cofounder of New England-based Rushton Gregory Communications.
"The difficulty with marketing programs is that everyone is unique," Graham says. "There isn't a cookie-cutter approach."
Graham urges clients to think about the difference between qualitative and quantitative marketing. A qualitative opportunity might be something like a local summer fair where a business can set up a booth, and the owner can have high-quality, in-person interactions with possible customers. By comparison, a quantitative opportunity is something like digital advertising, where the goal is getting in front of as many eyeballs as possible.
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